In an advisory update issued on Nov. 8, the Treasury Department Office of Foreign Assets Control, or OFAC, added Chatex as well as IZIBITS OU, Chatextech SIA, and Hightrade Finance to its list of entities sanctioned by the U.S. government. The department claimed Chatex has “direct ties” with Czech Republic and Russia-based business Suex OTC, which it sanctioned in September.
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Source: Cryptocurrency - investing.com